CHINA’S CURRENCY IS ON A RISE

Chinese currency is gaining momentum after bearing heavy losses in summer. This came after the easing tensions between the US and China.

The renminbi (Rmb) has gained as much as 0.5 percent against the US dollar on Monday. It crossed the Rmb 6.9 mark for the first time since August. This brings the Chinese currency to experience a growth of nearly 1 percent at the start of 2020. The rise of the currency in the early days of the year ....